Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
Ghana’s gold production rose 8.3% to 4 million ounces in 2023, data from the Ghana Chamber of Mines showed on Friday.
The growth was driven primarily by expansion in the output of small-scale miners, which was sufficient to offset a decline in large-scale miners’ production.
Output in 2024 is projected to rise to between 4.3 million and 4.5 million ounces, Michael Edem Akafia, the chamber’s president, said in a speech in Accra.
(By Christian Akorlie and Maxwell Akalaare Adombila; Editing by Alessandra Prentice and Jason Neely)
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Miftah Ebrahim
I Want investar I have gold mining area.